King Creek is a small locality in New South Wales within the Port Macquarie-Hastings local government area (postcode 2446). The area has roughly 1,863 residents and a settled, mature resident base, with a median age of 45. Households earn a median income of $109K per year, with an average household size of 3 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.5% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, technicians & trades, managers. Employment in the area leans toward healthcare and construction. The top ancestries reported are English, Australian, Irish.
Median house prices in King Creek stand at $1.5 million, having edged higher by 0.9% over the last twelve months. The current median weekly rent is $535. This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $2,167.
Public transport access includes 13 bus stops. The crime rate in the Port Macquarie-Hastings LGA is below average at 3,587 incidents per 100,000 population.
Looking at the investment signals, The gross rental yield works out to roughly 1.9%, which reads as low yield. Property prices are near the state median ($1.5M/$1.5M). The price-to-income ratio of 13.5x is considered stretched. House prices have moved +0.9% year-on-year. Population growth of +1.5% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.